Danish Ambassador Niels Severin Munk approved the amount in grant for training and technical assistance and a loan for equipment to support the establishment.

The modern rice facility with equipment from Europe is being established as a joint venture between Laegaard Invest A/S, Denmark and Track & Trade, Bangladesh, says an embassy release today.

The Danish support to the agro-processing industry is expected to open a new avenue of export of value added ready-to-cook spiced rice in consumer packs to the super markets in Europe and USA, the release added.